October 2, 2013

The Daily Bankruptcy News

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Law:

Gross revenues increased nearly 4 percent at top law firms; which firms made the top five?
(DBN)

Are verein-style law firms ignoring fee-splitting ethics rules? --- Be Afraid, Be Verein Afraid
(DBN)

In-house legal hiring and spending are on the upswing, surveys say
(DBN)

Government Shutdown Hits Bankruptcy Watchdogs
(DBN)

How Bankruptcy Can Send Your Student Loans Soaring
(DBN)

Perkins Coie's Dallas Office Welcomes New Bankruptcy Partner
(DBN)

Morgan Lewis Elects McKeon First Chairwoman: Business of Law
(DBN)

University Of Alabama's Law School Is The Best In America For The Money
(DBN)

Law Review Editor Goes On Ironic Power Trip
(DBN)

Cooley Law Forgets That Truth Is A Defense To Defamation
(DBN)

Good Habits And Bad Habits: The Recycling Of Competitive Debaters Into Trial Lawyers
(DBN)

Survey: Law Schools Cut Their Incoming Classes, Increase “Practice Ready” Curricula
(DBN)

Law Students: Think old. Think geezer pain. Think inefficient
(DBN)

Celebrity lawyer arrested for choking his girlfriend as he awaits trial for blackmailing his ex-wife
(DBN)

Ranked: The Best Smartphones In The World
(DBN)

ABA President Silkenat condemns shutdown, says Congress should ‘end the scorched-earth tactics’
(DBN)

Bow Before The Global 100, The Top-Grossing Law Firms On The Planet
(DBN)

Sharplegal 2013 Global Elite Brand Index
(DBN)

A Quarter At A Time: Some Thoughts On Performance Evaluation
(DBN)

Ethics opinion: Retainer agreement should say what office overhead expenses can be charged
(DBN)

Baker & McKenzie Tops List of Law Firm Brands
(DBN)

The DC 150
(DBN)

SEC Chair Mary Jo White to kick off Women, Influence and Power in Law Conference
(DBN)

Barrister crosses that not-so-fine line between ‘fearless advocacy’ and ‘courtroom anarchy’
(DBN)

Keep the client in his place
(DBN)

Here’s What We Talk About When We Talk About Our Law Firms
(DBN)

Round Two for Patton Boggs in Fee Fight
(DBN)

Lawyer shortage in rural Nebraska is target of state bar initiative
(DBN)

Alien Conspiracy Theorists Expect Biglaw To Uncover The Truth, Bill For It
(DBN)

Alternate endings to 'Breaking Bad' --- John Wayne Movie 'The Searchers' Inspired The Ending To 'Breaking Bad'
(DBN)

Rap Sheet: The Dark Knight’s crimes in ‘Batman Begins’
(DBN)

I Didn’t Do It . . . Wait A Minute
(DBN)

Police: Attorney bit 3-year-old son
(DBN)

Robber Did What? - Calls Victim (Twice) To Complain About Size Of His Haul
(DBN)

Edward Snowden To Reveal NSA's 'Central Role In The US Assassination Program'
(DBN)

Say What?!
(DBN)

______________

Judges:

Amid Shutdown, DOJ Urges Judges to Stay Civil Cases --- Justice Department Seeks Case Delays Due to Shutdown
(DBN)

Shutdown sets off scramble to delay U.S. court deadlines
(DBN)

Courthouse Shutdown Blues
(DBN)

Judge Sidney Fitzwater on how the government shutdown will affect the Mark Cuban trial, other federal trials
(DBN)

U.S. Attorney in N.Y. Seeks to Delay Some Civil Cases
(DBN)

Shutdown and sentencing
(DBN)

U.S. Supreme Court opens session, takes eight new cases
(DBN)

High Court Fails To Act On Major Business Case Cert Petitions
(DBN)

Heroes and Soldiers of the Supreme Court
(DBN)

Judge in Diocese Abuse Case Won't Step Down
(DBN)

Couple sues indicted judge in state and federal court
(DBN)

Federal Judge Will Not Take Judicial Notice That “The Situation” Is A Celebrity
(DBN)

An ‘inflammatory’ opinion? Judge bars pre-emption defense absent a Wells Fargo resolution
(DBN)

______________

Wall Street:

U.S. Stock -Index Futures Fall on Second Day of Shutdown
(DBN)

U.S. Stocks Finish Higher --- Stocks rebound from multi-week lows as investors shrug off govt shutdown
(DBN)

10 Things You Need To Know Before The Opening Bell
(DBN)

______________

Layoffs:

Merck to Fire 8,500
(DBN)

The Jobs Where Pay Is Growing The Most
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Corporate Reform:

US enforcer behind Libor probe quits
(DBN)

An SEC Whistleblower Just Got $14 Million From The Government
(DBN)

Bigger payouts seen for US financial market whistleblowers
(DBN)

Emerging Global Regulatory Enforcement and Cross-Border Collaboration
(DBN)

____________

Electricity:

Energy Future's Debt Climbs After Making Bond's Coupon Payment
(DBN)

Fidelity hires advisers for Energy Future reshuffle plan: Sources
(DBN)

Energy Future's Second-Lien Notes Rally Before Coupon Payment
(DBN)

____________

Television:

An eventful first year for CSN Houston
(DBN)

Comcast Gunning to Force Sale of Houston Regional Sports Network
(DBN)

Satellite-TV Providers Plan for Survival as Growth Fades
(DBN)

____________

Start-Ups:

The 10 Best 'Shark Tank' Pitches Of All Time
(DBN)

____________

Furniture:

Furniture Brands Chapter 11 Hits Snag over $6 Million Fee
(DBN)

Furniture Brands owes Tombigbee EPA, other utilities nearly $600K
(DBN)

____________

Student Debt:

Student-Loan Straitjacket
(DBN)

Student-Loan Default Rates Continue Steady Climb
(DBN)

____________

Media:

For KSL's Top Managers Pay And Benefits Were Lavish To The End
(DBN)

____________

Economy:

U.S. ISM Manufacturing Index Rose in September --- Highest point of 2013
(DBN)

Decline of Middle Class Accelerating
(DBN)

U.S. Business Groups Worry About Shutdown, Debt Ceiling --- Shutdown Will Cost U.S. Economy $300 Million a Day, IHS Says --- Ex-Treasury official: Politicians risk recession --- Shutdown Shows Signs of Dragging On --- Oil Falls Below $102 on Partial US Government Shutdown --- The Shocking Cost of Shutdown for Taxpayers --- How Will The Government Shutdown Impact Your Business? --- The 20 Companies Most Exposed To A Government Shutdown --- Shutdown Stops Release of Key BLS Data Reports --- How To Track The Economy Now That The Government Has Stopped Publishing Data --- TV Mergers Worth Billions Put On Hold as FCC Shuts Down --- IPOs face possible delays if shutdown lingers --- Shutdown Clobbers U.S. Lawyers and Agencies, Stalls Litigation --- 8 Washington Tourist Attractions That Are Open During The Government Shutdown --- WWII Vets Appear To Push Past Gates, Storm Shut-Down Memorial In DC --- KKK Rally Canceled Due To Government Shutdown --- A 'Non-Essential' Government Agency That's Still Fully Operational --- Government Agencies Have To Tear Down Their Websites, Even If It's Cheaper To Leave Them Up --- Obama To Republicans: 'Move On' --- House Takes A New Tack On Funding --- Jon Stewart Goes On An Epic Rant --- There's Nothing 'Partisan' About Trashing The Extremists Who Just Shut Down Our Government --- Closings Ripple Through Workplaces, Parks --- Which Government Workers Are Affected by Shutdown? --- Furloughed federal employees drink up around D.C. --- Americans Experiencing Government Shutdown From Their Desktops --- Congress Approval Rating Falls to 10% --- Elizabeth Warren : 'Hostage Taking' Is All Republicans Have Left --- Jon Stewart to GOP: “**** ***”
(DBN)

Federal worker fearing bankruptcy is spared furlough, for now -- Federal workers can collect unemployment during shutdown
(DBN)

Treasury Secretary: We're Using Our 'Final Extraordinary Measures'
(DBN)

And Now It Looks Like The Government Shutdown Is Turning Into The Debt Ceiling Crisis
(DBN)

Why Republicans Aren't Listening To Businesses Pleading With Them Over The Shutdown And The Debt Ceiling
(DBN)

Republicans Have Moved On To 'Plan E' In The Government Shutdown Fight
(DBN)

Small businesses fear bankruptcy from national park shutdowns
(DBN)

Bank Execs to Meet Obama on Debt Ceiling
(DBN)

Yields On Short-Term US Debt That Matures Right Around The Debt Ceiling Are Blowing Out
(DBN)

Ted Cruz changes mind about salary during shutdown
(DBN)

The Decline Of The US Middle Class Is Getting Even Worse
(DBN)

America's Marriage Crisis Is Making Income Inequality Much Worse
(DBN)

Apple Now Holds 10% of All Corporate Cash: Moody's
(DBN)

Morgan Stanley Economist: I Worry About A 1913 Scenario With Dire Consequences For The Global Economy
(DBN)

How Bad Will Debt Default Be?
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Landlord Claims: Calculating Capped Future Rent Claims Should Be A Simple Matter of Arithmetic – Right?
(DBN)

Foreclosure Crisis Update
(DBN)

Shutdown unlikely to disrupt housing market --- U.S. Government Shutdown Threatening Housing Recovery
(DBN)

Should you own your home? The tax benefits aren’t that enticing
(DBN)

Home price gains in August tempered by mortgage rates, seasonal slowdown --- Home price gains slow with summer's passing
(DBN)

Most homebuilders stocks rise
(DBN)

Housing Finance Reform: the Role of the PLS Market
(DBN)

QM and Nonjudicial Foreclosures
(DBN)

Witness steps forward in J.P. Morgan mortgage securities investigation
(DBN)

Fears of Stalling Housing Recovery Are Overblown
(DBN)

PMI Group emerges from bankruptcy protection: Associated Press Business News
(DBN)

____________

Municipalities:

Detroit council frustrated by huge consultants' fees in bankruptcy
(DBN)

Snyder deposition in Detroit bankruptcy case set for Oct. 9
(DBN)

Detroit's 13th pension check fight will go before bankruptcy judge
(DBN)

Detroit workers cashed $756M in pension fund's 13th checks, retirees got $195M
(DBN)

Wake up to bankruptcy reality
(DBN)

Detroit defaults on more than $600 mln of 'unsecured' GO bonds
(DBN)

Fixing Detroit
(DBN)

Detroit pays more than $47000 to monitor bankruptcy spending
(DBN)

Detroit signs deal to lease Belle Isle to state
(DBN)

Lawmaker proposes emergency manager ethics rules
(DBN)

City manager to defend Stockton's plans to exit bankruptcy
(DBN)

Deis: City won't tackle pension reform
(DBN)

Stockton Presents Plan To Escape Bankruptcy, Wonders Why Feds Didn’t Throw Them A Line --- City details creditor deals --- Bankrupt California city wants deal with bond insurer by Thursday
(DBN)

Two years after bankruptcy , California city again mired in pension debt
(DBN)

Stockton city manager: 'We need new taxes'
(DBN)

Benton Harbor pension system may be cut
(DBN)

Concerns raised whether these businesses could get a better deal in Jeffco bankruptcy than others
(DBN)

____________

Fraud:

Former Enron exec indicted in fraud case
(DBN)

Government says Mark Cuban's drive to win led him to commit insider trading
(DBN)

Ex-NBA Player Tate George Convicted in $2 Million Fraud
(DBN)

____________

Health Care:

OnCure Creditors Accept Bankruptcy -Exit Plan
(DBN)

High Volume Hampers Health Insurance Launch --- Health Exchanges Open, With Glitches --- Online adventures with Obamacare: Reps admit ‘known’ security bug, but ‘please be patient,’ guys --- My Experience Trying to Open an Obamacare Account --- Will the 'Young Invincibles' Join Obamacare?
(DBN)

Health care Medicaid opt-out glitch leaves hospitals millions short
(DBN)

States with the Worst Health Coverage
(DBN)

____________

Tech:

Nirvanix Files for Chapter 11 Bankruptcy --- Works With IBM To Migrate Customer Data
(DBN)

Bankruptcy judge rejects $100 million bid for TLO
(DBN)

____________

Shipping:

Gdansk historic shipyard bankruptcy alert
(DBN)

___________

Lehman:

Elliott to Pay More Than $1 Billion for Lehman UK Claim
(DBN)

____________

Bankruptcy Crimes:

Studio City Man Among 5 Charged in Bankruptcy Fraud Scheme
(DBN)

Long Beach man arrested, charged in $5 million Statewide fraud scheme
(DBN)

____________

Credit Cards:

Bank Credit-Card Fees Face New Scrutiny by U.S. Consumer Bureau
(DBN)

____________

Alternative Energy:

Wolf Haldenstein Announces Investigation of A123 Systems, Inc.
(DBN)

Bankruptcy clouds fate of LBCC charging stations
(DBN)

____________

Telecoms:

Dish shareholder sues Ergen, others over LightSquared mess
(DBN)

____________

New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (29 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (23 new filings today)
(DBN)

Bankruptcy Code - Prior BK Codes - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Bankruptcy Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Bankruptcy Statistics:

Hawaii bankruptcy filings fall to 5-year low in September
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Avoidance Actions:

Avoid the Statute of Limitations on Avoidance Actions: Relate-Back!
(DBN)

____________

Tax:

In bankrupt store case, U.S. Supreme Court to weigh taxability of severance pay
(DBN)

____________

Bankruptcy Bonuses:

Bankruptcy Court Denies $20 Million Severance Payment to American Airlines CEO, Again
(DBN)

____________

Recent Pleadings:

Court Approves Southern Montana Coop Disclosure Statement - Confirmation Set For November
(DBN)

______________

TBTF:

Big Banks Submit New Round of ‘Living Wills’ to U.S. Regulators
(DBN)

____________

Religion:

Judge won't recuse himself in archdiocese's cemetery trust case
(DBN)

____________

Autos:

GM pays $50 million to end lawsuit over 2009 hedge fund deal
(DBN)

US Auto Sales Disappoint
(DBN)

Inside the battle to dominate the US auto market
(DBN)

One By One, the Dinosaurs of the Automotive World are Dying Off
(DBN)

Zipcar drivers pulled over, E-ZPasses confiscated
(DBN)

____________

Aviation:

Texas Said to Settle Suit to Block AMR -US Airways Merger
(DBN)

Citing shutdown, US requests stay in fight over US Air, AMR deal --- Judge in airline fight says no to Justice Department stay
(DBN)

Share Owners of ex-Avantair Aircraft Get Pathway Forward
(DBN)

Frontier Airlines sold to cheap-fare, high-fee pioneer William Franke
(DBN)

Frontier buyer cites global appeal for lower-cost airlines
(DBN)

____________

Opera:

New York City Opera Will File For Bankruptcy After Failed Last-Ditch Kickstarter Campaign --- It’s over: New York City Opera season canceled, no fat ladies will be singing --- Opera to close after 70 years --- Chronicle Of A Death Foretold: New York City Opera Shuts Its Doors --- Tracing City Opera's Missteps and Triumphs
(DBN)

____________

Retailing:

How Severely Wal-Mart Is Lagging Behind Amazon
(DBN)

____________

Personal Finance:

Financial Planner Gives A Candid Analysis Of How Three People Spend $70,000 Incomes
(DBN)

The Best Things To Buy In October
(DBN)

____________

Mass Torts:

Victims of tainted drug face long wait for relief
(DBN)

____________

Mail:

Postal Service defaults on $5.6 billion payment
(DBN)

____________

Food/Beverage:

Tesco Wants U.S. Grocery Chain Sold by Thanksgiving --- Tesco Pulls Back Internationally, Faces Competitors
(DBN)

One Serving Of Nutella Has As Much Sugar As Five Oreos
(DBN)

____________

Celebs:

Young Buck: I'm Officially A Free Man
(DBN)

Michael Brown's divorce trial sidelined by bankruptcy case
(DBN)

____________

Sovereigns:

US Supreme Court takes no action on Argentina bonds case
(DBN)

____________

UK:

Begbies Traynor issues own red flag alert --- Warns of lower earnings due to insolvency fall
(DBN)

Liverpool mayor claims 'city could be bankrupt in two years'
(DBN)

Almost a third of Midlands retailers at risk of failure - R3
(DBN)

Albemarle & Bond to hire chief restructuring officer
(DBN)

____________

EU:

George Soros: Europe's Nightmare Is Getting Worse, And Only Germany Can Make It Stop
(DBN)

____________

PIIGS:

Italian Markets Going Wild After Berlusconi's Allies Rebel Against Him
(DBN)

Greece: Apparel retailer Sprider Stores shuts down operations after 32 years
(DBN)

Developer claims Anglo Irish Bank used ‘fake’ rates to overcharge customers
(DBN)

The Depressing Reality Of Spain's Youth Unemployment Crisis
(DBN)

____________

Canada:

Court to Rule on Train Crash Victims' Role in Railroad Bankruptcy
(DBN)

Arctic Glacier: Much Ado About Ice
(DBN)

There's not enough money left to pay SISO creditors
(DBN)

____________

Brazil:

Record Latin Default Looms --- Eike Batista's OGX misses bond payment
(DBN)

The Dramatic Fall Of Brazil's Eike Batista
(DBN)

____________

Korea:

Tongyang's Three Subsidiaries File for Court Receivership
(DBN)

____________

China:

China Clarifies the Scope of Debtors’ Property under Enterprise Bankruptcy Law
(DBN)

____________

 

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